Yellen Plays Down Chances of Getting Fed Job

White House Deliberations Over Central Banker and Summers Enter Final Stages

By

Jon Hilsenrath and

Carol E. Lee

Aug. 28, 2013 7:46 p.m. ET

White House deliberations over a successor to Federal Reserve Chairman Ben Bernanke are entering their final stages, and the Fed's No. 2 official, Janet Yellen, has played down her chances of getting the job, according to people who have spoken to her.

The other leading contender for the post is Lawrence Summers, who served as the head of the...